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When a new financial system is implemented, there are typically outstanding accounts receivable (A/R) records that are not converted to the new software with line item detail. Although keeping the legacy financial system up and running for collectors to work down A/R is an option, this solution often comes with costly vendor support contracts and requires additional maintenance resources from IT.
An active archive like HealthData Archiver® offers interactive transaction posting which support A/R wind down and collection agency management, allowing legacy systems to be decommissioned. By migrating line item detail to an archive to be worked down to zero, costs of legacy system support and maintenance are reduced.
“[Harmony Healthcare IT] brought a very comprehensive project plan. They were able to quickly process the files we sent them for extraction. They showed us what they had and went through the validation…They made sure we produced the latest versions of the patient statements. The process is more than just a conversion on the patient accounting side. Harmony Healthcare IT feeds data over to our collection agencies.”
Post charges, adjustments, and refunds against archived A/R in HealthData Archiver® so that wind-down can happen and the legacy medical billing system can get decommissioned. Includes general ledger exports, patient aged trial balance reports, and paper or electronic patient statements.
Automate the posting of payments collected by the HealthData Archiver® customer’s collection agencies with complete functionality to send payment files and notes files to be processed within the archive. Payments and notes automatically are posted and viewable in the Transaction Posting Module bookmark. Medical office billing staff can continue collection efforts, continue communication between predefined interfaces and G/L systems and produce standard reports and extracts to comply with government agency requirements.
Continue to access retired data through a web-based portal. Simply initiate a Single Sign On (SSO) connection from HealthData Archiver® to Accounts Receivable Management and access patient-related data held in the A/R Management database. A/R Management functionality includes:
Podcast with Jeremy Henry, VP of Business Development
Critical access hospital cuts $14k monthly in vendor maintenance alone by archiving its CPSI/Evident electronic health record.
Access to legacy data directly within your EHR.